From TradingView · · 40s
Gold Support Zone and Price Path
Gold price near 4,335 shows recovery from key support zone.
In brief
Gold price near 4,335 shows recovery from key support zone. Gold is recovering from 4,300-4,320 support with potential to reach 4,470-4,480. Originally reported by TradingView.
Current Gold Price
Gold is currently trading around 4,335 on the 45-minute chart.
Recent Price Action
Price has recently reacted from the lower support area and is showing signs of recovery from the 4,300, 4,320 region.
Key Support Zone
Support: around 4,300, 4,320.
First Resistance
First resistance: around 4,415, 4,430.
Upper Resistance
Upper resistance: around 4,465, 4,480.
Potential Upside Path
Price is attempting to move back above the nearby support/resistance area around 4,330, 4,340.
The essence
Gold is recovering from 4,300-4,320 support with potential to reach 4,470-4,480.
